MEXEM
Rating: 2 / 5MEXEM is a CySEC-regulated multi-asset broker and White Label solution of US-headquartered Interactive Brokers. It features the excellent asset selection of Interactive Brokers and account management services. At the same time, it added a copy trading solution to its offering. I reviewed this broker to determine if traders should consider it, given the raft of negative client experiences. Is MEXEM the right broker for you?
MEXEM is a CySEC-regulated multi-asset broker and White Label solution of US-headquartered Interactive Brokers. It features the excellent asset selection of Interactive Brokers and account management services. At the same time, it added a copy trading solution to its offering. I reviewed this broker to determine if traders should consider it, given the raft of negative client experiences. Is MEXEM the right broker for you?
Broker Details
- Headquarters
- Belgium
- Established
- 2017
- Min Deposit
- $0
- Execution
- Market Maker
- Regulators
- CySEC
Trading Conditions
- Retail Loss Rate
- Undisclosed
- Min Raw Spreads
- Undisclosed
- Min Standard Spreads
- Undisclosed
- Min Forex Commission
- 0.005%
Accounts & Funding
- Funding Methods
- 1
- Deposit Fees
- No
- Withdrawal Fee
- Yes
Platform & Features
- Trading Platforms
- Proprietary platform
- Regulators Detailed
- Cyprus Securities and Exchange CommissionCountry: CyprusLicense: 325/17
Pros
- Copy trading, signal service, and account management services
- Excellent asset selection
Cons
- Expensive trading fees
- Only bank wires and broker-to-broker transfers
- No cryptocurrency trading
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